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Richard Stewart

richard@2693457000.com +1(269) 217-0411

$ 705,000

Est. payment | -/mo

4 Baths

8,712 Sqft Lot

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$ 705,000

Est. payment | -/mo

Save

4 Baths

8,712 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Ann Arbor

MLS Listing ID 26045677

HOA Y/N false

Year Built 1962

Annual Tax Amount $13,802

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 75x117

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Discover an exceptional investment opportunity in the heart of Ann Arbor. This well-maintained 4-unit multifamily property offers a turnkey solution for investors looking to capitalize on the thriving Ann Arbor rental market. With strong demand in the area, this property is currently fully occupied, providing immediate cash flow and enduring value for your portfolio. The building configuration features a versatile unit mix, including two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. The property has been well-cared for, highlighted by a newer roof that includes a transferable warranty, offering peace of mind for future ownership. Tenants will appreciate the convenience of the large, private parking lot in the rear, providing ample off-street parking—a highly sought-after amenity in the Ann Arbor area. Located in a prime location, this property offers proximity to the University of Michigan, downtown Ann Arbor's vibrant dining and entertainment scene.

Location

State MI

County Washtenaw

Rooms

Basement Other

Interior

Heating Forced Air

Cooling Central Air

Exterior

Parking Features Asphalt, Driveway

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Other

Street Surface Paved

Total Parking Spaces 6

Building

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

School District Ann Arbor

Others

HOA Fee Include None

Tax ID 09-09-30-210-009

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Cornerstone Real Estate

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 217-0411

richard@2693457000.com

828 Portage St, Kalamazoo, MI 49001, United States

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Licensing & Affiliation Disclosure: > Richard Stewart is the Principal Broker of REO Specialists, L.L.C. and an Associate Broker with Real Broker LLC. All real estate brokerage activities are conducted in compliance with Michigan licensing laws. Richard Stewart’s Equity Recovery Program is a professional real estate service and does not provide legal or tax advice. Homeowners should consult with legal counsel regarding their specific rights during the Michigan foreclosure redemption period.

233 Collingwood Drive Ann Arbor, MI 48103